Archive for July 2010
A couple of weeks ago, I wrote about generosity as a new status marker. Now, Matt Thornhill, who pens the Engage: Boomers blog, writes about Worthwhile Wines, a “triple bottom line business (profits, people, planet)” as evidence of what we can expect from Boomers. His advice reinforces the idea of generosity as a motivator.
He notes that “Typically, around age 50 we see a shift away from “success” and more towards “significance” as an underlying behavioral motivation. David Wolfe, author of Ageless Marketing, points out that such a shift isn’t a generational thing, it’s a developmental thing. Reach age 50 and beyond, and one’s motivation for many decisions in life shifts.”
He goes on to say “Combining rational marketing value (price and quality) with human, emotional values is why we think companies like Worthwhile Wines will succeed. Boomers will vote with their wallets, which are now attached to their heartstrings.”
Good advice for gift planners: stop talking about tax savings and the technical aspects of gifts. Instead, combine the emotional appeal of your mission with the impact the donor’s gift can make and you will have a winning formula.
Phyllis
Yesterday I wrote in support of adding e-newsletters to your planned giving marketing mix, in addition to conventional newsletters, not in place of them.
“Is there a better way to get people to sign up for your emails than using a form that looks like it was created by the Census Bureau? And is there a better way to assure readers of your good intentions than placing inches of tiny grey type in the legal section of the email?” These questions were posed recently as the intro to a wonderful blog post from Media Marketing’s ‘Email Insider.’
They suggest that your e-mail sign up form can be as simple as putting the information in a sentence instead of boxes. 
Or you can be more elaborate and show your organization’s personality.
Click on either of these images to enlarge.
As to the unsubscribe information, read the post here.
Phyllis
I think e-newsletters for planned giving marketing are a good idea: in conjunction with traditional newsletters, not in lieu of them. I know there is a huge push to find low/no cost ways to market planned gifts and I believe e-newsletters should be one arrow in our quiver but they don’t take the place of conventional newsletters. I know, I know, print newsletters require an investment and seniors are one of the fastest growing segments online. Even so, I still find that most planned giving prospects have not given us their e-mail address, so the best way to reach them is still via mail. And, I’m someone who finds it difficult to read much on a screen, so traditional reading is still my preferred way to get important content.
Also, I’m not sure anyone has done the analysis that shows that e-mail is as effective as mail at generating leads and closed gifts. Does anyone have the data from a head-to-head test? I don’t think so. That’s why I’m sticking with what I know works.
That said, as our audience becomes increasingly web and e-mail oriented, it makes sense for us to try to add to our marketing mix an e-newsletter (and e-mails) focused on planned giving. We should offer it as one channel among many. And if we’re going to include an e-newsletter in our marketing it only makes sense to try to identify the best ways to encourage donors to subscribe/give us their e-mail addresses and to turn the unsubscribe requirement into a selling point. Some ideas for how to do that tomorrow.
Phyllis
I’m always on the lookout for low/no cost ways to get our message out. Here’s one that impressed me. Imagine leaving it behind after donor visits or enclosing it with a proposal, a thank you note or any other correspondence you’re having with a donor or prospect.
Phyllis
The Planned Giving Blogger 